9900 Parmer LnAustin, TX 78717

Property Details for 9900 Parmer Ln

Year built

2007

Lot size

11.28 AC

Property size (Sq ft)

35,571 SF

Property type

Commercial real estate

APN

R-16-3727-000A-0001

APU

R163727000A0001

Description

Neenah Plaza presents a remarkable opportunity for retail businesses seeking a prominent location in Austin, Texas. This multi-tenant storefront property, situated at 9900 W Parmer Ln, offers a total of 5,000 square feet of immediately available space. The entire building encompasses 5,000 square feet, providing a unique chance to occupy the entire space or potentially subdivide it to suit individual needs. Located in Williamson County, with a convenient Austin zip code of 78717, the property benefits from excellent visibility and accessibility. The lot size ranges from one to five acres, offering ample space for customer parking and potential future expansion. The property's "Storefront" subtype suggests a high-traffic location ideal for businesses that benefit from direct street-level exposure. This is a rare opportunity to secure a substantial retail presence in a thriving Austin market. The property is currently listed for lease, and interested parties are encouraged to inquire promptly to secure this exceptional space. The property's location offers easy access to major transportation routes, ensuring high visibility and convenient access for customers. The 5,000 square feet provides significant flexibility for various retail concepts.

• CAP approach

  CAP return

  Valuation

  6%

  $9,573,180

  6.5%

  $8,836,780

  7%

  $8,205,580

• Comparable approach

  Method

  Valuation

  Relative Method

  $10,649,600

  Geo Method

  $10,649,600

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $20,492,000

  Retail / Commercial

  $9,902,430

  Mixed-Use / Specialty

  $9,389,770

  Hospitality / Lodging

  $6,267,460

  Office

  $8,836,780

  Institutional / Educational

  $9,590,960

  Residential Income

  $11,221,400

  Multifamily

  $16,104,800

  Automotive / Energy

  $8,220,820

  Parking / Income-Based Land

  $3,308,530

  Restaurant / Food Service

  $3,864,910

  Healthcare / Senior Housing

  $10,118,600

Location Insight

City

Austin

County

Williamson

State

Texas

Latitude

30.4866

Longitude

-97.7697

CBSA code

12420

CBSA name

AUSTIN-ROUND ROCK, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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